Global Decorative Laminates Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Low Pressure Laminates, High Pressure Laminates, and Others

By Application;

Furniture and Cabinets, Flooring, Wall Panel, and Others

By End User;

Residential and Non -Residential

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn348647644 Published Date: May, 2025 Updated Date: June, 2025

Decorative Laminates Market Overview

Decorative Laminates Market (USD Million)

Decorative Laminates Market was valued at USD 19,147.97 million in the year 2024. The size of this market is expected to increase to USD 25,197.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.


Global Decorative Laminates Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 4.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.0 %
Market Size (2024)USD 19,147.97 Million
Market Size (2031)USD 25,197.43 Million
Market ConcentrationHigh
Report Pages390
19,147.97
2024
25,197.43
2031

Major Players

  • Wilsonart LLC
  • Formica Group
  • Kronospan
  • Abet Laminati
  • Gerflor
  • Sonae Arauco
  • FunderMax
  • Diamond Pacific
  • Panolam Industries International, Inc
  • Greenlam Industries Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Decorative Laminates Market

Fragmented - Highly competitive market without dominant players


The decorative laminates market is witnessing robust growth as more consumers seek visually appealing, cost-efficient materials for interior surfaces. Decorative laminates are now featured in over 55% of design projects due to their durability, easy maintenance, and broad aesthetic options. Their popularity continues to rise as they offer a practical alternative to traditional materials without compromising style.

Customization Trends Fueling Market Expansion
The growing emphasis on interior personalization has driven the need for custom-designed laminates. With more than 40% of buyers opting for laminates that resemble wood, marble, or stone, the material's flexibility in design and application makes it a top choice for homeowners and businesses aiming to create distinctive environments at lower costs.

Renovation Boom Accelerating Laminate Use
Rising home improvement and renovation activities are further propelling laminate consumption. Approximately 48% of laminate usage is now associated with upgrading existing spaces, reflecting a strong shift toward accessible remodeling solutions. Decorative laminates have become essential in giving interiors a fresh look without the expense of structural alterations.

Technological Upgrades Enhancing Product Appeal
Innovations in laminate manufacturing have introduced advanced properties like antimicrobial protection, scratch resistance, and fire retardancy. Nearly 35% of the latest laminate offerings incorporate such enhanced features, making them more desirable for environments demanding both style and functionality, including public and healthcare settings.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Decorative Laminates Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising construction industry demand
        2. Growth in residential projects
        3. Technological advancements in laminates
        4. Increasing consumer preference for aesthetics
      2. Restraints
        1. High raw material costs
        2. Environmental impact concerns
        3. Stringent regulatory standards
        4. Limited availability of skilled labor
      3. Opportunities
        1. Expanding commercial sector applications
        2. Emerging markets growth potential
        3. Innovations in laminate designs
        4. Eco-friendly product developments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Decorative Laminates Market, By Type, 2021 - 2031 (USD Million)
      1. Low Pressure Laminates
      2. High Pressure Laminates
      3. Others
    2. Decorative Laminates Market, By Application, 2021 - 2031 (USD Million)
      1. Furniture & Cabinets
      2. Flooring
      3. Wall Panel
      4. Others
    3. Decorative Laminates Market, By End User, 2021 - 2031 (USD Million)
      1. Residential
      2. Non -residential
    4. Decorative Laminates Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Wilsonart LLC
      2. Formica Group
      3. Kronospan
      4. Abet Laminati
      5. Gerflor
      6. Sonae Arauco
      7. FunderMax
      8. Diamond Pacific
      9. Panolam Industries International, Inc
      10. Greenlam Industries Ltd
  7. Analyst Views
  8. Future Outlook of the Market